Thursday, August 30, 2012

Genesco raises profit view on high Schuh sales

Footwear and cap retailer Genesco Inc raised its profit outlook for the second time this year after strong performance at its Journeys and Schuh stores boosted quarterly sales. Photo: Genesco
Shares of Genesco, which acquired UK-based retailer Schuh in June 2011, rose as much as 4 percent in early trading.
Genesco said Schuh stores contributed $81 million to its second-quarter sales of $543.5 million. Its Journeys segment recorded sales of $209.4 million.
The company, which also operates Lids

Read more ...

No comments:

Post a Comment